VoltAware Project

November 4, 2024

VoltAware is an innovative project aimed at enhancing electrical grid resilience and efficiency through advanced data integration and predictive analytics. By leveraging state-of-the-art machine learning models, VoltAware enables accurate voltage forecasting and optimized demand flexibility management, paving the way for a more reliable and cost-effective energy infrastructure.

Project Goals:

  1. Predictive Grid Management: Employ advanced machine learning to anticipate voltage and demand needs, improving overall grid stability and resilience.
  2. Seamless Data Integration: Integrate data from diverse sources using industry standards to support real-time analytics and insights.
  3. Cost Optimization: Assist utilities in making data-driven decisions on infrastructure investments and flexibility services to maximize operational efficiency.
  4. User-Centric Design: Deliver intuitive, user-friendly interfaces that provide actionable insights for stakeholders in grid management and utility operations.

Key Benefits:

  • Enhanced Reliability: VoltAware’s predictive models empower grid operators to proactively manage voltage and demand fluctuations.
  • Operational Efficiency: Data-driven insights reduce costs and support efficient infrastructure planning, balancing demand flexibility with infrastructure upgrades.
  • Data-Driven Decision Making: Utilizing real-time data and predictive analytics, VoltAware provides a foundation for informed decision-making in utility management.

Project Impact: VoltAware represents a critical advancement in energy management, with the potential to significantly lower operational costs, reduce grid downtime, and support sustainable energy distribution strategies. By providing utilities with tools for predictive maintenance and demand flexibility management, VoltAware supports a robust, future-ready grid infrastructure.

Project Partners: VoltAware is driven by the combined expertise of NITES and Elektro Gorenjska, working collaboratively to ensure innovative solutions are tested and validated in real-world scenarios.

Timeline: The VoltAware project spans a 24-month development period, with key milestones ensuring continuous progress toward creating a fully functional, commercially viable solution for grid management.

Budget and Funding: The total budget for the VoltAware project is €747,120 allocated as follows:

  • Elektro Gorenjska: €229,680
  • NITES: €517,440

VoltAware is co-financed by the Eurostars Programme, a European funding initiative supporting innovative projects led by R&D-performing SMEs.

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